Recent market activity indicates a notable shift in investor sentiment, with a rotation from the Nasdaq 100 (NQ) to the Russell 2000 (RTY). Analysts suggest that this movement may signify a potential long-term bottom for RTY, as evidenced by its current positioning within a squeeze pattern on daily, weekly, and quarterly charts. The monthly range for RTY has been calculated at 2483.0, indicating a significant threshold for traders. This trend is seen as a positive sign, with some experts asserting that the current market conditions do not point towards an impending recession.